Earnings on Deck For Pixelworks, Inc. (NASDAQ:PXLW)

Earnings is just around the corner for Pixelworks, Inc. (NASDAQ:PXLW) as the firm is slated to issue their report on 1/10/2017 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of 9.20% and sales growth of -17.50% quarter over quarter.  

In terms of the trend lines, Pixelworks, Inc. (NASDAQ:PXLW) shares are currently -12.60% off of their 52-week high and 150.01% off from the 52-week low point.  The stock is 25.20% from the 200-day moving average and 7.43% from the 50-day average.  The Relative Strength Index for the stock stands at 61.95.

Increased volatility should be expected heading into and immediately after the Pixelworks, Inc. (NASDAQ:PXLW) earnings report.  According to the most recent data, the average true range stands at 0.14 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 2.57% and 5.31% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 2.59.  

Potential Upside

So is there any potential upside for the stock if Pixelworks, Inc. is able to meet or beat earnings?  Analysts, on a consensus basis have a $3.45 on the stock, compared to a recent bid of $3.05.  The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  

Ownership

Heading into the earnings report, 1.40% shares are held by company insiders.  On the institutional front, 24.60% of Pixelworks, Inc. (NASDAQ:PXLW) are owned by firms or funds.  Over the past few months, insider transactions have trended 6.09% while institutions saw a change of -58.55% in company stock. 

Performance

Year to date, Pixelworks, Inc. (NASDAQ:PXLW) holders have seen returns of 0.71%.  Over the past month the stock moved 2.17% and most recently shares over the past five trading days have moved 0.71%.

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